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SBI Mutual Fund Assistant Vice President salaries in India (Updated 2025)

Annual salary range
13 - 21 years exp.
₹29 Lakhs - ₹42.9 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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6% more than the average Assistant Vice President Salary in Financial Services Companies for 13 - 21 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Assistant Vice President Salary
14 - 20 years exp. (3 salaries)
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₹29 L/yr - ₹42.9 L/yr

Sales & Business Development
Assistant Vice President Salary
15 - 17 years exp. (3 salaries)
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₹29 L/yr - ₹33 L/yr

Strategic & Top Management
Assistant Vice President Salary
14 - 16 years exp. (3 salaries)
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₹30.1 L/yr - ₹40 L/yr

Customer Success, Service & Operations
Assistant Vice President Salary
20 - 21 years exp. (AmbitionBox Estimate)
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₹30.3 L/yr - ₹37 L/yr

Finance & Accounting
Assistant Vice President Salary
13 years exp. (AmbitionBox Estimate)
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₹29.9 L/yr - ₹37.6 L/yr

Last Updated: 31 Mar 2025

Companies similar to SBI Mutual Fund for Assistant Vice President

Company name Avg Annual Salary Open Jobs
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Apex Group Assistant Vice President Salary

6 - 18 years exp. (550 salaries)

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₹10 L/yr - ₹29 L/yr

arrow icon 39% less
3 job openings
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Macquarie Group Assistant Vice President Salary

10 - 17 years exp. (254 salaries)

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₹24.7 L/yr - ₹50 L/yr

arrow icon 22% more
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MUFG Bank Assistant Vice President Salary

8 - 17 years exp. (172 salaries)

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₹12.3 L/yr - ₹40 L/yr

arrow icon 15% less
1 job opening
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Synchrony Assistant Vice President Salary

7 - 14 years exp. (109 salaries)

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₹16 L/yr - ₹44 L/yr

arrow icon 4% less
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CSC Assistant Vice President Salary

11 - 18 years exp. (97 salaries)

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₹13.5 L/yr - ₹35 L/yr

arrow icon 17% less
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₹26.1 L/yr - ₹51 L/yr

arrow icon 39% more
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₹19.8 L/yr - ₹30 L/yr

arrow icon 27% less
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Sharekhan Assistant Vice President Salary

10 - 17 years exp. (6 salaries)

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₹20.9 L/yr - ₹35.7 L/yr

arrow icon 25% less
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₹18.8 L/yr - ₹22 L/yr

arrow icon 36% less
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₹27 L/yr - ₹53 L/yr

arrow icon 7% more
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Axis Direct Assistant Vice President Salary

12 - 15 years exp. (5 salaries)

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₹18 L/yr - ₹30 L/yr

arrow icon 24% less
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Morningstar Assistant Vice President Salary

0 - 6 years exp. (4 salaries)

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₹15 L/yr - ₹34 L/yr

arrow icon 36% less
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₹30 L/yr - ₹55 L/yr

arrow icon 24% more
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Mr Cooper Assistant Vice President Salary

13 - 15 years exp. (4 salaries)

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₹23 L/yr - ₹38 L/yr

arrow icon 8% less
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₹21 L/yr - ₹1.1 Cr/yr

arrow icon 111% more
Assistant Vice President salary at SBI Mutual Fund ranges between ₹29 Lakhs to ₹42.9 Lakhs per year for employees with experience between 13 years to 21 years. Salary estimates are based on 17 latest salaries received from various employees of SBI Mutual Fund.

Latest annual salaries shared by SBI Mutual Fund Assistant Vice President

3d ago
₹37 Lakhs
21 years exp.
1mo ago
₹42 Lakhs
20 years exp.
4mo ago
₹37 Lakhs
20 years exp.
6mo ago
₹37.6 Lakhs
13 years exp.
7mo ago
₹33 Lakhs
17 years exp.
8mo ago
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16 years exp.
9mo ago
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18 years exp.
10mo ago
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16 years exp.
1y ago
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15 years exp.
1y ago
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20 years exp.

Experience wise SBI Mutual Fund Assistant Vice President salaries

Last Updated: 31 Mar 2025

Experience Avg Annual Salary
13 years (AmbitionBox Estimate)

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₹26.2 L/yr - ₹33.4 L/yr
14 years (AmbitionBox Estimate)

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₹26.5 L/yr - ₹33.8 L/yr
15+ years  (14 salaries)

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₹29 L/yr - ₹42.9 L/yr

Similar Designation salaries in SBI Mutual Fund

Associate Consultant Salary
(AmbitionBox Estimate)
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₹8.6 L/yr - ₹10.9 L/yr
Technical Specialist Salary
(AmbitionBox Estimate)
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₹13.5 L/yr - ₹17.3 L/yr
Senior Consultant Salary
(AmbitionBox Estimate)
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₹17.8 L/yr - ₹22.8 L/yr
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₹7.2 L/yr - ₹10.2 L/yr
Senior Software Engineer Salary
(AmbitionBox Estimate)
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₹14.7 L/yr - ₹18.7 L/yr
Team Lead Salary
(AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr
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₹6.3 L/yr - ₹15.5 L/yr

Salary related reviews for SBI Mutual Fund

2.6

Rated by 3 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 28 Jan 2025

3.0
 for  Salary and Benefits

Likes

...good company to work. As usual salary increment will be low and promotions also. But here the job security is high and it's ok to work here for long but at the cost of low salary.

read more
  • Job security - Good
  • +3 more

Dislikes

Low Salary

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 08 Dec 2023

3.0
 for  Salary and Benefits

Likes

Working in SBIMF gives you feeling of proud and brand recognition. Job security and mental peace.

  • Job security - Good
  • +3 more

Dislikes

Appraisal, employee recognition, Salary, respect as an old loyal employee not there. People recruits new freshers with higher package than there old loyal employee which demotivates more and hurts as well.

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Contractual

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BFSI, Investments & Trading Department

4.0
  •  posted on 09 Aug 2024

3.0
 for  Salary and Benefits

Likes

The work culture is good,but the salary increament and promotion opportunity is very bad, although the work pressure is also less as compared to the privet sector,and in most cases you don't have to directly sale product to the client,as the bank officials do the work.

read more
  • Job security - Good
  • +1 more

Dislikes

Growth opportunities Salary increament Learning

  • Promotions - Bad

Full Time

 · 

PDM Department

3.0
  •  posted on 29 Jun 2023

2.0
 for  Salary and Benefits

Likes

SBI brand is good. Management communication is one way. Salary growth is pathetic. It's a good company for people who join after 10 year exp and with min 20 lakh salary .. they can continue to work for longer time. Not good for new or less exp people because despite of over achieving targets they will give 7-9 % hike. In promotion year too they will give 9% hike .. Very bad salary growth.. frustrating for people with 5 -10 year exp... that's why lot of people switch in this segment...

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  • Skill development - Good
  • +2 more

Dislikes

Bad salary... they can at least make salary on par with market for loyal employees..

  • Salary - Poor
  • +1 more

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 10 Sep 2022

1.0
 for  Salary and Benefits

Likes

Only thing I liked was management is not harsh if you login bit late due to traffic or personal reason. Other than this it's a big noooo. I found many good colleagues here I am happy with that atleast.

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Dislikes

Onroll offroll differentiation is huge Dissatisfied with offroll management No decent hike or salary Takes long time for career growth

read more
  • Salary - Bad
  • +4 more
see more salary related reviews

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SBI Mutual Fund Assistant Vice President Salary FAQs

What is the salary of Assistant Vice President at SBI Mutual Fund ?
The average salary of a Assistant Vice President at SBI Mutual Fund in India typically ranges from ₹29.0 Lakhs to ₹42.9 Lakhs per year, depending on experience (from 13 years to 21 years).

The top 10% of Assistant Vice President at SBI Mutual Fund earn more than ₹41.6 Lakhs per year, and the top 1% earn over ₹42.9 Lakhs per year. Assistant Vice President Salaries at SBI Mutual Fund can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 10+ SBI Mutual Fund employees in India.
What is the estimated take home salary of a Assistant Vice President at SBI Mutual Fund in India?
The estimated take-home salary of a Assistant Vice President at SBI Mutual Fund in India typically ranges from ₹1,92,158 to ₹1,99,710 per month. This is based on the average salary range of ₹29.0 Lakhs to ₹42.9 Lakhs per year for employees with experience ranging from 13 years to 21 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 10+ salaries received from various employees of SBI Mutual Fund. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than SBI Mutual Fund for Assistant Vice President in India?
Sun Life Financial ₹21.0 Lakhs to ₹112.0 Lakhs per year
Franklin Templeton Investments ₹26.1 Lakhs to ₹51.0 Lakhs per year
ANZ Operations & Technology ₹30.0 Lakhs to ₹55.0 Lakhs per year
Macquarie Group ₹24.7 Lakhs to ₹50.0 Lakhs per year
Reliance Capital ₹27.0 Lakhs to ₹53.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by SBI Mutual Fund, depending on the role and experience level.
What is the salary of a Assistant Vice President in companies similar to SBI Mutual Fund in India?
The salary of a Assistant Vice President at companies similar to SBI Mutual Fund in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Synchrony ₹16.0 Lakhs to ₹44.0 Lakhs per year
Mr Cooper ₹23.0 Lakhs to ₹38.0 Lakhs per year
MUFG Bank ₹12.3 Lakhs to ₹40.0 Lakhs per year
CSC ₹13.5 Lakhs to ₹35.0 Lakhs per year
Axis Direct ₹18.0 Lakhs to ₹30.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Assistant Vice President at SBI Mutual Fund in India?
The salary growth for a Assistant Vice President at SBI Mutual Fund depends on factors such as experience, performance, and promotions. On average, a Assistant Vice President can expect the following growth trajectory at SBI Mutual Fund:

Experience Average Salary Range
13 years ₹26.2 Lakhs to ₹33.4 Lakhs per year
14 years ₹26.5 Lakhs to ₹33.8 Lakhs per year
15 years ₹29.0 Lakhs to ₹42.9 Lakhs per year
and so on.

Tell us how to improve this page.

SBI Mutual Fund Assistant Vice President salary in India ranges between ₹29 Lakhs to ₹42.9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 17 SBI Mutual Fund latest salaries received from various employees of SBI Mutual Fund.